2439 Carmine St, Charlotte, NC, 28206 | 1.73% Rental Yield

For Sale

Rental Income

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Charlotte at 2439 Carmine St, Charlotte, NC, 28206 generates $1,800/mo in rent, after a $6,118/mo payment. Total monthly income is $1,800/mo. Return on cash invested sits at 3.13% in year one, and rental yield is 1.73% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 12.64% and total cumulative return in cash sums $51,205. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.

Multi Family

Built in 1963

1.03 Acres lot

$N/A/sqft

No HOA